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economy

More tourists please

Tourism is looking like a mixed bag this year, but there are a few bright spots.

Texas Expects to Outpace National Restaurant Sales in

AUSTIN, TX (Jan. 13) - The Texas Restaurant Association (TRA) predicts the Lone Star State will lead the country in terms of restaurant sales growth in 2009...

The survey of 110 chain restaurants showed U.S. restaurants are four times more likely to fail than they were a year ago, and as many as 40 percent may face...

Turning an interesting startup into a major industry player takes a lot of vision, leadership and a taste for the risky. This year, Kevin Reddy made it all look easy.

CHICAGO, IL (March 4, 2010)—Restaurant visitlosses in each of the four quarters of 2009 contributed to a -3 percentdecline for the year compared to a year...

While consumers continue to hold their wallets tight when it comes to eating out, the popularity of snacking is holding steady. Snack sales have dipped only 1 percent this year, compared to losses of 5 percent and 3 percent in supper and lunch, respectively, according to data from Port Washington, New York-based market research firm NPD.

CHICAGO (October 11, 2010)—Although restaurant and foodservice visits are still down in most countries around the world, the global foodservice industry...

As restaurateurs are we our own worst enemy? The question is not meant to be rhetorical. In fact, I hope it spurs conversation and generates answers from many different viewpoints. From my perspective, the answer is an overwhelming yes. And if we don’t change, our industry is at risk of losing its place as a cornerstone of our economy.

WASHINGTON (June 30, 2011)—As a result of softer same-store sales and traffic levels and an erosion of optimism among restaurant operators, the outlook for...

OKLAHOMA CITY (January 24, 2012)—As part of its continued commitment to sustainable practices, US Foods announced its Oklahoma City Division is using five...

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